This week saw markets react negatively to the sharp rise in interest rates.

Closed-end fund discounts blew out as they typically do when investors fear rising rates.

We go through a myriad of data including some options for investors and how to think of the current volatility.

Author's note: This is our weekly commentary that goes out every Sunday evening to our members. We are posting it publicly this one time only. It is setup with a macro 'week in review' as well as a closed-end fund segment. We also have some additional analysis near the end on various topics.